CPQ software helps improve accuracy of sales proposals. A basic understanding of CPQ is that it can help facilitate the creation of more precise and accurate sales proposals quicker and easier than before. These CPQ software solutions help companies simplify the configuration, price and quote decision making process, thereby avoiding mistakes and providing the client with a more well-standard and credible one. CPQ tools help to set non-complex rules and requirements related to the price and the product configurations and provide quick sales quotas to the sales teams, thus increasing the efficiency as well as customer satisfaction. This results in higher conversion rates and more efficient sales efforts with less risk of major variations.